Laura Dale & Associates, P.C.
Se Habla Español Nous Parlons Français
Call 713-574-7952 or 888-572-6059

Cutting costs in divorce

Whether you are close to retirement or still have many years of earning an income ahead of you, a divorce can upend your financial situation and damage any security you may have had. In essence, a divorce divides a couple's wealth and doubles their household expenses. Additionally, the expense of the divorce process can be exorbitant. Some estimate that the average divorce can cost a couple in their 50s as much as $100,000.

If these details make you nervous, you are not alone. However, it is possible that remaining in your marriage is not an option. Like many, you may be looking for ways to split with your spouse without facing bankruptcy at the end of the process. Fortunately, there are ways to cut the cost of ending your marriage.

Get organized

Your first step if you hope to lower the cost of your divorce is to make sure you have your finances in order. The more time you spend gathering and organizing your financial paperwork, the less time your attorney will spend on it. This saves you money. Before you meet with your lawyer, you may want to have the following information at hand:

  • At least three years' worth of tax returns
  • Recent pay stubs for you and your spouse
  • Statements from all your bank accounts
  • Statements from credit cards
  • Your most recent mortgage statement and car loan information
  • Copies of property deeds, titles to assets and other valuable belongings
  • Statements from your retirement accounts and investments

Sending this information to your attorney digitally may also reduce the cost since digital information is less expensive to process.

Your legal advocate

Perhaps the most common factor that increases the price tag on a divorce is deciding to go to trial. A litigated divorce can be quite costly, and the longer the divorce takes, the more expensive it can become. Spouses often find their issues becoming more antagonistic through litigation, and this can be detrimental both to their wallets and to their emotional well-being. Finding a less contentious method of divorce, such as mediation, can often reduce the stress as well as the cost of a divorce.

Choose your Texas attorney carefully. You will want a legal representative whose focus is on your best interests. Such an attorney will help you explore every option for your divorce, including alternative dispute resolution methods that may save you time, money and stress. In the long run, having quality legal representation from the beginning can often make a difference in the final outcome of your divorce. This includes providing a strong basis for a financially secure post-divorce life.

No Comments

Leave a comment
Comment Information

Client Testimonials

  1. Laura Dale the best Family Law attorney I have ever met... Posted by John...Listens, takes your calls, tells you the truth (even when it may not be what you want to hear)... Read More

  2. The Best...Posted by a Child Custody client... Laura Dale handled my international child custody and divorce matter. I am an attorney in Houston and was referred to her... Read More

  3. A Meticulous, Knowledgeable, Attorney with Heart...Posted by a Child Custody client... Laura was not the first attorney that my husband and I interviewed for an extremely complex... Read More

  4. Top Notch, Hands Down - The Best...Posted by Tammi, a Child Custody client... Laura Dale has been absolutely the best attorney I could have found for my difficult child custody... Read More

Contact Our Experienced Team Today | Se habla español | Nous parlons français

Due to the experience our lawyers have in many specialized areas, you can rely on us to put together the right team to handle your case, even if it centers on complex issues such as international family law, business valuation or bankruptcy. Contact us today to make an appointment to discuss your needs with a knowledgeable lawyer.

Login to Client Portal

Laura Dale & Associates, P.C.
1800 Saint James Place
Suite 620
Houston, TX 77056

Toll Free: 888-572-6059
Phone: 713-574-7952
Fax: 713-600-1718
Houston Law Office Map